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Closed
Closed

$425,000

($134,003 down)
VA

7207 Preble Drive, Colorado Springs, CO 80915

3
3
2,085 sqft
PITI Monthly
$1,863.1 /mo

Listing courtesy of: Lauren Schneider, eXp Realty, LLC

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,371 /mo
$2,225 /mo
$32,207 in interest paid off

What's Special

DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
FIREPLACE
WALK-IN CLOSET
PATIO
CHARMING
COZY
Welcome to your dream home in the charming Meadow Brook Crossing neighborhood! This stunning two-story residence boasts 3 bedrooms, 2.5
bathrooms, and a convenient 2-car garage. As you step inside, you'll be greeted by a versatile office space to the right, perfect for remote work or
study. Continue towards the back of the home to discover the inviting eat-in kitchen, complete with a delightful island, pantry, stainless steel appliances,
and a gas range oven. The brand-new tile flooring adds a touch of elegance, and the walk-out sliding glass door leads to a back patio, ide... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.9
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,863.1/mo
Estimated Loan Balance
$318,320
Cash to close
$134,003
Interest Paid
$32,207

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Electric, Family Room
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadowbrook Crossing
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: MEADOWBROOK CROSSING metropolitan
  • HOA Amenities: Unknown
  • HOA Fee: $150
  • HOA Frequency: $Quarterly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $203.84
  • Tax Annual Amount: $4100
  • On Market Date: May 19, 2024
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Savings Calculator

Current cash to close is $134,003 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$
0%20%50%

You cover the entire equity of $134,003!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$290,997
Your Cash$134,003
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,371/mo
Traditional @ 7.15%
$2,308/mo
You save $937/month ($11,243/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5869501

Listing From: recolorado

Last updated: Oct 01, 2024 06:05pm

© 2025, recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,371 /mo
$2,225 /mo
$32,207 in interest paid off
Inquire about this property
​
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​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $134,003 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$
0%20%50%

You cover the entire equity of $134,003!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$290,997
Your Cash$134,003
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,371/mo
Traditional @ 7.15%
$2,308/mo
You save $937/month ($11,243/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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